Twenty-First Century Fox, Inc. (NASDAQ:FOXA) – Investment analysts at KeyCorp decreased their Q2 2018 EPS estimates for Twenty-First Century Fox in a research note issued to investors on Wednesday. KeyCorp analyst A. Hargreaves now expects that the company will post earnings per share of $0.51 for the quarter, down from their previous estimate of $0.52. KeyCorp also issued estimates for Twenty-First Century Fox’s Q3 2018 earnings at $0.52 EPS, Q4 2018 earnings at $0.46 EPS and FY2018 earnings at $1.95 EPS.

Twenty-First Century Fox (NASDAQ:FOXA) last announced its quarterly earnings data on Wednesday, August 9th. The company reported $0.36 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $0.01. Twenty-First Century Fox had a net margin of 10.36% and a return on equity of 22.94%. The company had revenue of $6.75 billion during the quarter, compared to analyst estimates of $6.79 billion. During the same period in the previous year, the business earned $0.45 EPS. The firm’s revenue for the quarter was up 1.5% on a year-over-year basis. COPYRIGHT VIOLATION WARNING: This story was first reported by Watch List News and is the property of of Watch List News. If you are viewing this story on another publication, it was stolen and reposted in violation of US & international copyright and trademark legislation. The legal version of this story can be read at https://www.watchlistnews.com/research-analysts-set-expectations-for-twenty-first-century-fox-inc-s-q2-2018-earnings-foxa/1473270.html.

A number of other equities research analysts have also recently commented on the stock. Piper Jaffray Companies began coverage on shares of Twenty-First Century Fox in a research report on Friday. They set an “overweight” rating and a $35.00 target price for the company. Royal Bank Of Canada reissued an “outperform” rating and set a $35.00 target price (up previously from $33.00) on shares of Twenty-First Century Fox in a research report on Thursday. Cowen and Company reissued a “market perform” rating and set a $32.00 target price (down previously from $33.00) on shares of Twenty-First Century Fox in a research report on Thursday. Credit Suisse Group reissued a “buy” rating on shares of Twenty-First Century Fox in a research report on Thursday, August 3rd. Finally, Jefferies Group LLC reissued a “buy” rating and set a $35.00 target price on shares of Twenty-First Century Fox in a research report on Saturday, July 22nd. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and nineteen have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $33.23.

Shares of Twenty-First Century Fox (FOXA) traded up 1.18% during trading on Friday, reaching $28.21. 3,991,279 shares of the company were exchanged. The company’s 50-day moving average is $28.13 and its 200 day moving average is $29.37. The firm has a market capitalization of $52.30 billion, a PE ratio of 17.73 and a beta of 1.27. Twenty-First Century Fox has a 1-year low of $23.33 and a 1-year high of $32.60.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Advisory Services Network LLC acquired a new position in shares of Twenty-First Century Fox during the first quarter valued at about $106,000. Grove Bank & Trust boosted its position in shares of Twenty-First Century Fox by 1,328.3% in the second quarter. Grove Bank & Trust now owns 3,785 shares of the company’s stock valued at $107,000 after buying an additional 3,520 shares during the period. State of Alaska Department of Revenue boosted its position in shares of Twenty-First Century Fox by 4.8% in the second quarter. State of Alaska Department of Revenue now owns 4,365 shares of the company’s stock valued at $123,000 after buying an additional 200 shares during the period. Whittier Trust Co. boosted its position in shares of Twenty-First Century Fox by 22.3% in the first quarter. Whittier Trust Co. now owns 3,821 shares of the company’s stock valued at $124,000 after buying an additional 697 shares during the period. Finally, TrimTabs Asset Management LLC boosted its position in shares of Twenty-First Century Fox by 89.0% in the first quarter. TrimTabs Asset Management LLC now owns 4,384 shares of the company’s stock valued at $142,000 after buying an additional 2,064 shares during the period. 53.96% of the stock is owned by hedge funds and other institutional investors.

The firm also recently announced a semiannual dividend, which will be paid on Wednesday, October 18th. Investors of record on Wednesday, September 13th will be issued a dividend of $0.18 per share. The ex-dividend date of this dividend is Tuesday, September 12th. This represents a dividend yield of 1.29%. Twenty-First Century Fox’s dividend payout ratio (DPR) is presently 22.64%.

Twenty-First Century Fox Company Profile

Twenty-First Century Fox, Inc is a media and entertainment company. The Company’s segments include Cable Network Programming; Television; Filmed Entertainment, and Other, Corporate and Eliminations. The Cable Network Programming segment produces and licenses news, business news, sports, general entertainment, factual entertainment and movie programming for distribution.

Earnings History and Estimates for Twenty-First Century Fox (NASDAQ:FOXA)

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